Anara

Anara is 29 years old. Together with her husband she raises a daughter. Anara works as a lawyer, and her husband works with vulcanization.

In 2010, the couple started a business of selling car tires made more durable through vulcanization with rented equipment. They used an amount of 150,000 som (KGS) as a start-up capital. After having managed to develop the business and to find returning customers, Anara had an average income of 25,000 som (KGS). Thanks to persistent work with the business, the couple managed to purchase the vulcanizing equipment they had previously rented.

With an aim to further improve and develop her business, Anara turned to the microfinance bank "Bai Tushum & Partners" for a loan in the amount of 100,000 som (KGS) to purchase tires wholesale to subsequently sell. Anara plans to invest the income from the loan in increasing the working capital and save money for buying a house.

Additional Information

About Bai Tushum Bank CJSC

Bai Tushum Bank CJSC is a microfinance bank in Kyrgyzstan offering clients a range of products including loans for business development, trade, production, leasing, mortgage, consumption and more. Its portfolio is mostly comprised of group loans that cater to the broadest population of clients. Kiva lenders’ funds help the bank expand its services in remote areas to impact even more vulnerable communities in Kyrgyzstan.